J.J.M.: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
J.J.M.
Largest movements
- Tangible fixed assets -€4,165
down €4,165 (-4.5%), from €91,679 to €87,514
- Receivables within one year +€3,300
up €3,300 (+7.7%), from €43,116 to €46,416
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€299
down €299 (-2.5%), from €11,936 to €11,637
- Other operating charges +€245
up €245 (+3.1%), from €7,799 to €8,044
- Taxes -€180
no longer reported in 2025 (was €180)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,415 | €135,798 | -€617 | -0.5% |
| Fixed assets | 21/28 | €91,679 | €87,514 | -€4,165 | -4.5% |
| Tangible fixed assets | 22/27 | €91,679 | €87,514 | -€4,165 | -4.5% |
| Land and buildings | 22 | €91,679 | €87,514 | -€4,165 | -4.5% |
| Current assets | 29/58 | €44,736 | €48,284 | +€3,548 | +7.9% |
| Amounts receivable within one year | 40/41 | €43,116 | €46,416 | +€3,300 | +7.7% |
| Other amounts receivable | 41 | €43,116 | €46,416 | +€3,300 | +7.7% |
| Cash at bank and in hand | 54/58 | €1,621 | €1,868 | +€248 | +15.3% |
| Total equity and liabilities | 10/49 | €136,415 | €135,798 | -€617 | -0.5% |
| Equity | 10/15 | €134,415 | €133,798 | -€617 | -0.5% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €35,258 | €34,641 | -€617 | -1.7% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €25,342 | €24,725 | -€617 | -2.4% |
| Amounts payable | 17/49 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable after more than one year | 17 | €2,000 | €2,000 | = | 0.0% |
| Financial debts | 170/4 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,165 | €4,165 | = | 0.0% |
| Other operating charges | 640/8 | €7,799 | €8,044 | +€245 | +3.1% |
| Gross operating margin | 9900 | €11,936 | €11,637 | -€299 | -2.5% |
| Operating profit (loss) | 9901 | -€28 | -€572 | -€544 | -1971.6% |
| Financial charges | 65/66B | €47 | €45 | -€2 | -4.5% |
| Recurring financial charges | 65 | €47 | €45 | -€2 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€75 | -€617 | -€542 | -725.8% |
| Income taxes | 67/77 | €180 | - | -€180 | |
| Profit (loss) for the period | 9904 | -€254 | -€617 | -€363 | -142.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€254 | -€617 | -€363 | -142.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.